Raymond James Investment Management (IM), which manages around $118.5bn (£88bn) in assets, has named Jeff Ringdahl as president, effective from 5 January.
Ringdahl will be responsible for leading the growth strategy and direction of the business, including overseeing key initiatives and expansion opportunities. He brings more than 25 years of experience and industry knowledge to the business, most recently serving as president and chief operating officer of registered investment adviser Summit Trail Advisors.
Prior to that, he held CEO, president, and COO positions at American Beacon Partners for more than 14 years, including serving on the board of directors.
“I am delighted to welcome Jeff as President of Raymond James IM. His business philosophy, demonstrated leadership with a multi-boutique asset manager, and knowledge of the wealth and institutional markets provide us with great confidence in his ability to effectively lead Raymond James Investment Management’s next leg of growth,” said Scott Curtis, chief operating officer at Raymond James.
“Over the past few years, Raymond James Investment Management and its affiliates have expanded capabilities and added investment vehicles to address client needs, and Jeff will continue enhancing and expanding those capabilities while leading our next chapter.”
